RUSSO EVAN L (Chief Financial Officer) exercised options at LAZARD, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 3/17/2025ACC: 0001628280-25-013281
Officer· Chief Financial Officer
Since Aug 2018
+59.35K
Net shares
Net buyer
$4.51M
Total sold
0
Open market trades
0B · 0S
4
Total transactions
413.82K acquired · 354.47K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+254.47K
Price / share
—
Trade value
—
% of position
155.7%
3/13/2025
163.45K→417.92K
Common Stock
Direct
Shares
−100K
Price / share
$45.09
Trade value
$4.51M
% of position
23.9%
3/13/2025
417.92K→317.92K
Total
Net shares
+154.47K
Net value
-$4.51M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 3/13/2025 | M · Option Exercise | +254.47K | — | — | 155.7% | 163.45K | 417.92K |
| Common Stock Direct | 3/13/2025 | D · Disposition | −100K | $45.09 | $4.51M | 23.9% | 417.92K | 317.92K |
| Total | +154.47K | -$4.51M | ||||||
Derivative Transactions2
Performance-based Restricted Participation Units
Direct
Converts to
Common Stock
254.47K shares
Shares
−254.47K
Strike price
Held after
0.00
Exercisable
—
3/13/2025
Restricted Participation Units
Direct
Converts to
Common Stock
159.35K shares
Shares
+159.35K
Strike price
Held after
358.30K
Exercisable
—
3/14/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Performance-based Restricted Participation Units Direct | Common Stock254.47K shares | 3/13/2025 | M · Option Exercise | −254.47K | — | 0.00 | |
| Restricted Participation Units Direct | Common Stock159.35K shares | 3/14/2025 | A · Award | +159.35K | — | 358.30K |